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Obi Says Corruption and Poor Leadership Are Pushing Nigerians Deeper Into Poverty
Peter Obi, the Labour Party’s 2023 presidential candidate, has blamed Nigeria’s stalled progress on corruption, insecurity, and what he described as weak leadership under President Bola Tinubu.
In a statement on his X handle, Obi said more Nigerians are slipping into poverty because leaders have failed to prioritise the welfare of the people. He cited United Nations figures showing that about 34 million citizens could face severe food shortages, while 133 million, roughly 63% of the population, are living in multidimensional poverty.
The former Anambra State governor noted that inflation, now close to 30%, combined with unemployment and poor economic management, has eroded the middle class. He argued that other countries facing similar or even worse conditions have managed to recover through disciplined leadership and sound policies, pointing to Argentina as an example.
Obi highlighted that Argentina’s poverty rate, which stood at over 52% with inflation above 200% in early 2024, has dropped significantly under its new president – with poverty now at 38.1%, extreme poverty at 8.2%, and inflation reduced to 2–3% monthly within two years.
Drawing a comparison, he said both Argentina’s president and Tinubu started their terms in the same year, stressing that while two years may not be enough to fully transform a country, it is enough to begin meaningful reforms if leaders are honest and focused.
The Federal Government has announced an extension of the NYSC programme. It can be noted that the NYSC camp orientation is usually for three weeks before the youths go out to gain experience, employment, and serve the country for one year.
However, the FG announced that the passing-out parade from camp will be cancelled, and corps members will now spend six weeks in camp instead of three weeks.
“The first two weeks speak to laying a foundation on civic responsibility. The next two weeks will look at career mapping, basic accounting literacy skills, business planning and access to finance. The final two weeks, we intend to have focused corps-stream-specific training aligned with the corps member’s designated stream based on his choice, academic background and skills profile.”
With the rainy season in Nigeria, many are wondering if the increase in flooding has now become the new normal. Lots of videos, clips, and complaints have literally flooded online, showing how badly roads, homes, and other places have been affected.
We were used to hearing about the rise of water on the Island since it is literally surrounded by water, but now floods are being spotted on the Mainland as well.
We may not know exactly why this is happening, but one thing is certain—we urgently need a lasting solution.
The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.
The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.
“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”
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